Eurobank establishes global delivery centre in India with LTIMindtree
Eurobank has entered into a new partnership with Indian software provider LTIMindtree to enhance banking operations and build out its IT services suite.
Eurobank enters banking tech partnership with LTIMindtree
As part of the multi-year agreement, the Greece-headquartered banking group has established a new global delivery centre at LTIMindtree’s office in Pune, India.
The operations and infrastructure for this centre have been set up by Fairfax Digital Services, a subsidiary of Fairfax Financial in Canada, and according to the bank, will “drive technology modernisation, digital innovation as well as enhance and maintain critical banking applications”.
Meanwhile, through the “mutually beneficial cooperation”, LTIMindtree has been selected as the services partner for Eurobank Luxembourg’s Temenos implementation programme.
The group first selected the Swiss vendor for a full front-to-back, group-wide IT renovation back in 2019, with the project leveraging the T24 Transact and T24 Infinity solutions.
Following an implementation initiated at Eurobank Cyprus last year, the deployment at Eurobank Luxembourg, which specialises in private banking, will now see LTIMindtree provide “maintenance, data migration, quality assurance, and post-production support services”.
LTIMindtree previously assisted Banque Internationale à Luxembourg in replacing its legacy core banking systems with Temenos’ Banking Platform in May.
